Category: Forex Scams

MT5Expo is a company that is allegedly offering the best spread and commission to traders. You can trade with various assets, including; forex, CFDs, Indices, Shares, Crypto, and EFTs. All these are volatile products. This means you cannot predict the next direction the industry will take.  Nonetheless, the firm states it has advanced trading tools....

EmiratetradeFX is an online investment firm that aims to provide various investment opportunities for traders. The company allows you to benefit from Forex cryptocurrency and CFD investment, among other assets. Moreover, they guarantee investment opportunities for all sorts of traders. Nevertheless, as a smart investor, there are several factors you should pay attention to, don't...

HofiFX is an offshore forex trading platform that claims to be the best investment firm in the market. Moreover, they claim to have more than 4,000 + assets that you can benefit from. The main concern is how the company operates and whether or not it is reliable for investment purposes. Hence as you read...

Major-FX is an online trading company that aims to provide various investment services such as forex stocks and crypto, among other assets. The company guarantees the use of swift technology in generating massive investment returns for traders. However, before taking any steps towards investment, there are several factors to consider, don't you think? Major-FX makes...

Yewtrading is an online trading platform that aims to provide investment services that dramatically change your investment experience. They claim to be 6,500 years ahead in the investment world, and once you set up an account with the entity, you're lucky. However, it takes several factors to consider before investing a single dime in any...

Pacific Financial Derivatives is a New Zealand-based company that aims to provide investment services to traders. However, the company is owned and operated by a Japanese investor who allegedly has experience running prominent institutes. Pacific Financial Derivatives brags about having advanced technology. However, you should be cautious because scammers often tend to promise the use...

Mystocks24 may appear like a legitimate forex trading company to many. The broker has done a tremendous job compared to several murky businesses in the market. However, the beautiful interface of the platform shouldn't deceive you into thinking this is a reliable scheme. You will be dealing with tactical fraudsters whose only purpose is to...

BDIMarkets is an offshore trading platform that guarantees the use of reliable tools and instruments. They claim that its software can open markets, and they grant traders access to 1000+ assets. BDIMarkets offers customised charts and live market data. You can access its services via desktop or mobile devices. They allow you to invest in...

Mekness is a murky business with many loopholes. Their opening statement is bold but bogus. The entity allegedly claims it is globally regulated. We checked on various databases of reputable financial bodies only to find the broker is unregulated. Faking their legitimacy is a major red flag. The trading conditions of the broker may seem...

AlphaTradePlus is a company that has a great appearance. You will mistake the venture for a genuine entity. However, there is more than what meets the eye. Numerous red flags surround the entity. Before we start showcasing their murkiness, let see what the broker has to say about its services. The platform purports it is...